SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Bank Holding Company who wrote (202230)5/14/2009 11:49:40 AM
From: Skeeter BugRespond to of 306849
 
>>Why on God's Green earth would they sell San Quentin State Prison. That's like a National Treasure.<<

the 90% pensions are the unions' true treasure - and they are corporations that run CA's fascist government.



To: Bank Holding Company who wrote (202230)5/15/2009 1:34:11 AM
From: energyplayRead Replies (1) | Respond to of 306849
 
San Quentin is an OLD prison on expensive real estate - it should have been sold and torn down years ago.

Prisons aren't really good as national treasures.

Selling these properties not only brings money to the state, but the properties will go on the local tax rolls.

Governments tend to accumulate assets and then not use them after a while. There are many army posts strategically located to stop Indian attacks.